Altair's Leading Computational Intelligence Technology Drives NYYC American Magic Team's Quest to Win the 37th America's Cup

TROY, Mich., June 12, 2024 — (PRNewswire) —   Altair (Nasdaq: ALTR), a global leader in computational intelligence, is thrilled to showcase the highlights of its role as the official computational science and artificial intelligence (AI) partner for the New York Yacht Club (NYYC) American Magic team ahead of its quest for victory in the 37th America's Cup, beginning August 22.

Throughout the development cycle for the 37th America's Cup, Altair's computational fluid dynamics (CFD), structural analysis, data analytics, and high-performance computing (HPC) technology has transformed American Magic's yacht design and testing process. Through its use of Altair's technology and expertise the team designed a state-of-the-art "AC75" yacht.

Altair's technology expedited and simplified the American Magic engineering team's development process to ensure they can iterate and discover new design insights faster than ever – a pivotal capability to have in a race where cutting-edge yachts can reach speeds of more than 55 mph and appear to "fly" out of the water. Altair's unique blend of technological and domain expertise was a pivotal part of the American Magic team's development, enabling them to build a yacht capable of winning on the world's biggest stage.

"Our work with American Magic demonstrates the power of Altair's convergence and computational intelligence vision on a global stage like no other," said Jim Scapa, founder and chief executive officer, Altair. "They are a world-class organization that is always looking to find new ways to innovate and succeed – just as Altair is. This is truly a collaboration between two organizations who share the same values, vision, and desire to excel. We are delighted that the American Magic team turned to us in their search for the market's finest computational intelligence technology, and I cannot wait to see their hard work in action."

"We are thankful to have had Altair's technology and support propel our journey to win the 37th America's Cup," said Mike Cazer, chief executive officer, NYYC American Magic. "Altair's best-in-class technology was crucial in helping us design a yacht that enhances the team's capability to win the America's Cup in October. Altair has been an instrumental partner, and we are looking forward to seeing our teams' hard work out on the water."

The 37th America's Cup begins in Barcelona, Spain on August 22 with the Preliminary Regatta, followed by the Challenger Series. The 37th America's Cup Match will take place October 12-21 in a best-of-thirteen series.

To learn more about how American Magic is leveraging Altair's technology, visit for videos, articles, and case studies. To learn more about the NYYC American Magic team, visit

About Altair

Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit

Media contacts

Altair Corporate                                    

Altair Investor Relations

Bridget Hagan                                        

Stephen Palmtag



Email Contact   

Email Contact

Altair Europe/The Middle East/Africa

Charlotte Hartmann

+49 7031 6208 0

Email Contact


Cision View original content to download multimedia:


Company Name: Altair
Financial data for Altair

Featured Video
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
GEOGRAPHIC INFORMATION SYSTEM (GIS) COORDINATOR for Lassen County at Susanville, California
GIS Analyst for San Bernardino County Transportation Authority at San Bernardino, California
Geodetic Analyst, GIS Center (1282) for Idaho State University at Pocatello, Idaho
Upcoming Events
IMTS 2024 – The International Manufacturing Technology Show at McCormick Place 2301 S Lake Shore Dr Chicago IL - Sep 9 - 14, 2024
FABTECH Orlando 2024 at Orange County Convention Center Orlando FL - Oct 15 - 17, 2024
TIMTOS 2025 at Nangang Exhibition Center Hall 1 & 2 (TaiNEX 1 & 2) TWTC Hall Taipei Taiwan - Mar 3 - 8, 2025

© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise